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4In section 2—
(a)in subsection (1) in paragraph (i) the words from “but so that” to the end shall be omitted;
(b)after subsection (2) there shall be inserted the following subsections—
“(2A)The consent of the Church Commissioners shall not be required under subsection (2) above in the case of a transaction entered into in connection with the exercise of any such power if—
(a)no person who is a connected person or a trustee for, or nominee of, a connected person is concerned in the transaction; and
(b)the requirements of subsection (2B) below have been complied with in relation to it.
(2B)The incumbent or bishop, as the case may be, must, before entering into any such transaction,—
(a)obtain and consider a written report on the proposed transaction from a qualified surveyor instructed by and acting exclusively for him; and
(b)decide that he is satisfied, having considered the surveyor’s report, that the terms on which the transaction is proposed to be made are the best that can be reasonably obtained for the benefice.”;
(c)in subsection (4) for the words from “agreed to by the bishop” to “and the” there shall be substituted the words “agreed to by the bishop and the”.
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